Sheerbonnet, Ltd. v. American Express Bank, Ltd.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that a plaintiff “whose conflict arises out of a funds transfer should look first and foremost to Article 4-A for guidance in bringing and resolving their claims,” and inconsistent common law claims must be dismissed
• noting allegations unrelated to “transactional” funds transfer errors were not preempted as they “d[id] not fit neatly into any of Article 4-A’s ‘precise and detailed rules’”
• “The exclusivity of Article 4-A is deliberately restricted to any situation covered by particular provisions of the Article. Conversely, situations not covered are not the exclusive province of the Article.” (internal quotation marks omitted)

Source: CourtListener parenthetical corpus (CC0).